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Brokers with

Options brokers in New Zealand with $0 per contract

2 brokers charge $0 per contract on equity options for residents of New Zealand. The same facts for each: fees, approvals, countries.

$0 per contract means the broker charges no commission, the fee per contract, to open or close an equity option. Exchange and regulatory fees can still apply to each contract, and index options such as SPX usually carry their own fee. Check both in the broker's fee schedule. 2 brokers charge $0 per contract for residents of New Zealand.

At a glance: 2 brokers, 2 at $0 per contract, 2 with $0 exercise and assignment, 2 approving naked options, 1 working with QuantWheel; median fee $0.00 per contract, lowest margin rate at $50,000 11.50%.

BrokerQuantWheelExerciseApproval0DTEMarginOffers
TradeStationTrade & Sync$0 via QuantWheelIndex options add $0.75 per contract$0NakedYesNegotiable
Firstrade$0 per contractRegulatory fees apply$0Naked putsYes11.50%
2 of 28 brokersIn the published order

The brokers one by one

What qualifies each for this page, from its fee schedule and options agreement, and the one fact that sets it apart.

  • TradeStation$0 via QuantWheel · $0 exercise and assignment · naked

    TradeStation charges $0 per contract on equity options. It charges $0 via QuantWheel (Index options add $0.75 per contract). Exercise and assignment cost $0. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.

  • Firstrade$0 per contract · $0 exercise and assignment · naked puts

    Firstrade charges $0 per contract on equity options. It charges $0 per contract (Regulatory fees apply). Exercise and assignment cost $0. It approves up to naked short puts, not naked calls. It trades on Web, Mobile. It is not connected to QuantWheel.

More by what you need

Every page in this folder lists the brokers that qualify, with the same facts.

Related pages

The same page for other countries, then the facets traders pair with this one.

Questions people ask

$0 per contract

TradeStation and Firstrade. Exchange and regulatory fees can still apply, and index options can carry their own fee, so check the fee schedule.

Interactive Brokers, TradeStation and Firstrade. tastytrade, Tradier and eOption charge for it, which matters if you run the wheel. See the full list

tastytrade, Interactive Brokers, Tradier, TradeStation, Firstrade and eOption. Defined-risk multi-leg trades need the second approval level; for ten contracts a leg, a per-leg cap beats a flat per-contract fee. See the full list

Brokers that work with QuantWheel sort first and carry the mark, because that is a fact about them, not a score. Sorting a column overrides this.

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The share card of Options brokers in New Zealand with $0 per contract